News

MB Business Capital provided a new $4.9 million senior credit facility to Gallatin, MO-based Landmark Manufacturing. Proceeds from the facility were used to refinance existing senior indebtedness and will fund working capital needs going forward.

US Capital Partners provided a $150 million revolving line of credit, scalable to $200 million, to a specialty jewelry company in the U.S.

CIT Group acted as sole lead arranger and administrative agent for about $36 million in financing for Nordic Solar, a developer and owner of solar energy facilities.

Great Rock Capital closed a leverage facility with Wells Fargo Capital Finance.

Avidbank Specialty Finance provided School of Rock with a line of credit and term loan to help bolster the company’s plans for growth._x000D_ _x000D_ _x000D_ _x000D_

Veritas Capital acquired the Enterprise Financial Management (Revenue-Cycle, Centricity Business), Ambulatory Care Management (Centricity Practice Solution) and Workforce Management (formerly API Healthcare) assets of GE Healthcare’s Value-Based Care Division for $1.05 billion in cash.

The SEC charged Michael Liberty, founder of the fintech startup now known as Mozido, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido.

Asure Software amended its credit facility, increasing the term loans and amount of available financing to $175 million.

Civeo completed its acquisition of 100% of the equity interests of Noralta Lodge. Royal Bank of Canada served as administrative agent for an amendment to Civeo’s credit facility to support the transaction.

Wyndham Worldwide entered three amendments to its credit agreements, with Bank of America serving as administrative agent on two of them and JPMorgan Chase serving as administrative agent on the other.